Sold Highlights
Website | Sold |
---|---|
Redfin |
72 1% WoW -14% MoM |
Zillow |
68 6% WoW -15% MoM |
For Sale Highlights
Website | For sale |
---|---|
Homes.com |
275 5% WoW -3% MoM |
Realtor.com |
279 15% WoW 0% MoM |
Redfin |
288 5% WoW -1% MoM |
Trulia |
249 13% WoW -30% MoM |
Zillow |
238 12% WoW -32% MoM |
Rental Highlights
Website | For rent |
---|---|
Zillow |
304 -25% WoW -22% MoM |
Market Trends |
Homes
|
Realtor
|
Redfin
|
Trulia
|
Zillow
|
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Median days on market | 55 | 50 | 44 | None | None | ||||||||||
Median sale price | $119,409 | $90,750 | $85,000 | – | $80,000 | ||||||||||
Median list price | $94,900 | $99,000 | – | – | $92,333 | ||||||||||
Median price per sqft | $92 | $85 | $86 | – | – | ||||||||||
Percent sales under list price | – | – | – | – | 5788.0% | ||||||||||
Percent sales over list price | – | – | 265.0% | – | 2566.0% | ||||||||||
Percent homes with price drop | – | – | 232.0% | – | – |
WoW (Week-over-Week): Represents the percentage change in the number of properties compared to the previous week.
MoM (Month-over-Month): Reflects the percentage change in the number of properties compared to the previous month.
Medain days on market: The median number of days that homes in Detroit, MI remain listed before being sold.
Medain sale price: The median price at which homes across Detroit, MI were sold.
Medain list price: The median price at which homes across Detroit, MI were listed.
Medain price per sqft: The median sale price per square foot in Detroit, MI.
Percent of Sales Under/Over List price: Share of sales where sale price below/above the final list price; excludes homes sold for exactly the list price.
Percent homes with price drop: The share of homes that have reduced their price from the initial listing price.